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Shraddha Kapoor renews Mumbai apartment lease for a year, pays ₹72 lakh rent upfront
Mumbai real estate: Shraddha Kapoor has renewed the lease for her Juhu apartment for a year at a monthly rent of ₹6 lakh, paying the full rent in advance
Shraddha Kapoor has renewed the lease for her apartment in Mumbai’s Juhu for one year at a starting monthly rent of ₹6 lakh, paying the entire ₹72 lakh annual rent upfront, according to documents.
According to property registration documents accessed by Square Yards, the same apartment in Prime Beach, Juhu, had earlier been taken on rent, with the deal officially registered in October 2024. The unit has an area of 365 sq. m. (3,929 sq. ft.). The lease was registered with a stamp duty of ₹36,000 and registration charges of Rs. 1,000.
As per Square Yards, the lease tenure is for 12 months. The agreed monthly rent starts at Rs. 6 lakh, with the cumulative rental value over the full term at Rs. 72 lakh, the Leave and license document showed.
The renewal agreement was registered on February 25, 2026, documents show. The same apartment, located in the Prime Beach residential building in Juhu, had earlier been leased by the actress under an agreement registered in October 2024.
Also Read: Shraddha Kapoor, father Shakti Kapoor, buy a luxury apartment in Mumbai for ₹6.2 crore
The leave-and-license agreement accessed by Zapkey showed that the actress has paid ₹72 lakh as advance rent for the entire year. Besides the apartment, the actress also has access to four parkings in the basement of the Prime Beach building.
In case of default, the licensor will be entitled to interest at the rate of 18% per annum compounded quarterly from the due date of the payment until the date of realisation of the amount, the document showed.
“After two years, Shraddha Kapoor isn't paying more, she's paying the same. Her rental renewed after two years remains the same. At a time when Mumbai rentals are witnessing steady increase, this one stands out because she has paid the full rent in advance to negotiate better,” said Sandeep Reddy, co-founder, Zapkey.
Shraddha is Shakti Kapoor and Shivangi Kolhapure's daughter. She made her debut with Teen Patti. The actor was last seen in Stree 2.
The actress could not be reached for a comment.
All about the Juhu real estate market
Juhu is Mumbai’s sought-after real estate destination, known for its premium residential environment and strong investment appeal. The locality offers a mix of luxury apartments, sea-facing bungalows and exclusive gated developments, attracting affluent homebuyers, celebrities and long-term investors.
The area enjoys strong connectivity via the Western Express Highway and JVPD roads, along with close proximity to the domestic and international terminals of Chhatrapati Shivaji Maharaj International Airport. It also provides easy access to major commercial hubs such as Bandra Kurla Complex, Andheri and Santacruz. Over the years, Juhu has been home to several prominent personalities, including actors Amitabh Bachchan, Akshay Kumar, Ajay Devgn, Varun Dhawan and Hrithik Roshan.
Shraddha Kapoor is an Indian actress and singer known for her work in Hindi cinema. She made her acting debut with a brief role in Teen Patti and rose to prominence with the romantic drama Aashiqui 2, a major commercial success that established her as a leading actress. She has since starred in films including Ek Villain, Haider, ABCD 2, Baaghi, Stree, Saaho, Chhichhore, Tu Jhoothi Main Makkaar and Stree 2.
